Aac Clyde Space Ab ( (ACCMF) ) has released its Q2 earnings. Here is a breakdown of the information Aac Clyde Space Ab presented to its investors.
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AAC Clyde Space AB is a company specializing in small satellite technologies and services, providing satellite components, mission services, and space-based data delivery for various applications including weather monitoring, maritime safety, and agriculture. In its latest earnings report for Q2 2025, AAC Clyde Space reported a significant increase in net sales, reaching SEK 73.7 million, a 37.5% rise compared to the same period last year. The company also achieved a positive EBITDA of SEK 3.1 million, marking its fourth consecutive quarter of positive EBITDA, despite a decrease in order backlog. Key strategic moves include restructuring operations into two segments, Products & Missions and Data & Services, and expanding its bank overdraft facility to support growth. The company also secured several strategic orders and completed a directed share issue to accelerate its strategic initiatives. Looking ahead, AAC Clyde Space maintains its guidance for double-digit net sales growth and positive EBITDA for the full year, while continuing to adapt to market changes and focusing on expanding its Data & Services segment.